Public Invitation for participation in public auction process that will take place on 26.07.2007., in Belgrade

13. June 2007.

Privatization Agency offers, within joint offer:

70,00% of the socially-owned capital of the subject undergoing privatization MIN Holding Co. Enterprise for assembly works MONT Joint-stock company, NIŠ, which is 33,18% of the total capital and 100,00% of the share of the MIN HOLDING CO, NIŠ, which is 48,26% of the total capital. Totally is offered for sale 81,44% of the capital of the subject undergoing privatization MIN Holding Co. Enterprise for assembly works MONT Joint-stock company, NIŠ.

70,00% of the socially-owned capital of the subject undergoing privatization MIN Holding Cо. FITIP Joint-stock company, NIŠ, which is 34,37% of the total capital and 100,00% of share of the MIN HOLDING CO, NIŠ, which is 50,90% of the total capital. Totally is offered for sale 85,27% of the capital of the subject undergoing privatization MIN Holding Cо. FITIP Joint-stock company, NIŠ.

70,00% of the socially-owned capital of the subject undergoing privatization MIN Holding Co. OPREMA Joint-stock company, NIŠ, which is 34,40% of the total capital and 100,00% of share of the MIN HOLDING CO, NIŠ, which is 50,86% of the total capital. Totally is offered for sale 85,26% of the capital of the subject undergoing privatization МIN Holding Cо. OPREMA Joint-stock company, NIŠ.

The share of the MIN HOLDING CО, NIŠ in the subject capital is offered for sale based on the Power of Attorney assigned to the Privatization Agency.

In accordance with Article 38 of the Law on Privatization ("Official Gazette of the RS", no-s: 38/01, 18/03 and 45/05), and Article 5 of the Decree оn Sale of capital and property by Public auction ("Official Gazette of the RS" no. 52/05),
the Privatization Agency announces: